611 Silk Tree Trace Fuquay-Varina, NC 27526
Estimated Value: $475,197 - $499,000
            
                5
                Beds
            
            
            
                3
                Baths
            
            
            
                2,563
                Sq Ft
            
            
                
                    $189/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 611 Silk Tree Trace, Fuquay-Varina, NC 27526 and is currently estimated at $485,299, approximately $189 per square foot. 611 Silk Tree Trace is a home located in Wake County with nearby schools including Fuquay-Varina High, Achievement Charter Academy, and Southern Wake Academy.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Nov 20, 2019
            
        
                Sold by
            
            
                Cole Kagen F and Cole Christina L
            
        
                Bought by
            
            
                Avent Ashley Marie and Teasley Brian Lee
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $260,000
            
        
                Outstanding Balance
            
            
                $228,275
            
        
                Interest Rate
            
            
                3.5%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $257,024
            
        Purchase Details
                Closed on
            
            
                Sep 1, 2015
            
        
                Sold by
            
            
                Royal Oaks Building Group Llc
            
        
                Bought by
            
            
                Cole Kagen F and Cole Christina L
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $261,397
            
        
                Interest Rate
            
            
                4.25%
            
        
                Mortgage Type
            
            
                FHA
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Avent Ashley Marie | $300,000 | None Available | |
| Cole Kagen F | $266,500 | Attorney | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Avent Ashley Marie | $260,000 | |
| Previous Owner | Cole Kagen F | $261,397 | 
                Source: Public Records
            
        Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement | 
|---|---|---|---|---|
| 2025 | $4,025 | $457,621 | $100,000 | $357,621 | 
| 2024 | $4,008 | $457,621 | $100,000 | $357,621 | 
| 2023 | $3,211 | $286,983 | $65,000 | $221,983 | 
| 2022 | $3,018 | $286,983 | $65,000 | $221,983 | 
| 2021 | $2,875 | $286,983 | $65,000 | $221,983 | 
| 2020 | $2,875 | $286,983 | $65,000 | $221,983 | 
| 2019 | $2,777 | $239,074 | $60,000 | $179,074 | 
| 2018 | $2,619 | $239,074 | $60,000 | $179,074 | 
| 2017 | $2,524 | $239,074 | $60,000 | $179,074 | 
| 2016 | $2,490 | $60,000 | $60,000 | $0 | 
                Source: Public Records
                    
            
        Map
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